Alicorp Announces Resignation of Vice-President of Consumer Goods International Division

LIMA, Peru–(BUSINESS WIRE)–Alicorp S.A.A. (“the Company” or “Alicorp”) (Lima Stock Exchange:
ALICORC1 and ALICORI1) a leading Peruvian consumer goods company,
announced on Jan 25th the resignation of Mr. Renato Falbo,
Vice-President of the Consumer Goods International Division. Mr Falbo´s
resignation will be effective in April 1st, 2017.

About Alicorp

Alicorp is a leading consumer goods company headquartered in Peru, with
operations in other Latin American countries, such as Argentina, Brazil,
Chile, Ecuador, and exports to 23 other countries. The Company focuses
on three core businesses: (1) Consumer Products (food, personal and home
care products), in Peru, Brazil, Argentina, Ecuador, Colombia and other
countries, (2) Industrial Food Products (industrial flour, industrial
lard, pre-mix and food service products), and (3) Aquaculture (fish and
shrimp feeding).

Forward-Looking Statements

Certain statements contained in this news release constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements represent Alicorp’s expectations or beliefs concerning future
events, and it is possible that the results described in this press
release will not be achieved. These forward-looking statements are
subject to risks, uncertainties and other factors, many of which are
outside of Alicorp’s control that could cause actual results to differ
materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which such
statement is made, and, except as required by law, Alicorp does not
undertake any obligation to update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise. New factors emerge from time to time and it is not possible
for management to predict all such factors.